Round up – July 4

Silver lining to gloom over pensions and shares

The Telegraph

Most people's main stock market investment is their company pension. But despite a spate of bad news, historical evidence shows that after markets fall they eventually bounce back higher.

Pension providers must innovate for rule change

Financial Times

As much as £350bn could be up for grabs in the pensions industry from October because of new government rules. It is estimated that about £100bn is in protected rights in personal pensions, with a further £250bn sitting in contracted-out final salary schemes.

Sovereign fund idea to boost Japan's pensions

Financial Times

A group of ruling party -politicians advising Japan's prime minister has called for a Y10,000bn sovereign wealth fund to be set up to improve returns to the country's massive but underperforming public pension fund.